Compare Bitforex vs LetsExchange
On this page, you can compare Bitforex with LetsExchange. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bitforex was founded in 2017 in Singapore. LetsExchange was founded in 2020 in Seychelles.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bitforex. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bitforex is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitforex has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Bitforex has 4 languages available, including English, Korean, Russian and Chinese.
| Company | ||
|---|---|---|
| User rating | 20 user review | 13 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 20 user review | 13 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
بيتفوريكس هو جزء من كوكبة من التبادلات التشفير الجديدة التي ظهرت بعد النمو الهائل من الاهتمام في الأصول التشفير في عام 2017. تم تسجيل منصة تداول في سنغافورة ، تركز على الأسواق الآسيوية والغربية. في الوقت الحالي ، تقدم البورصة أكثر من 300 قطعة نقدية ، والقدرة على التداول مع العقود الآجلة ، و 9 لغات للواجهة ، وما إلى ذلك. يبلغ معدل دوران البورصة حوالي 661.457.759 دولارا وفقا لكوين ماركت كوب في الوقت الحالي.
|
تقدم LetsExchange دفاتر الطلبات مع سيولة من الدرجة الأولى ، مما يسمح للمستخدمين بتبادل Bitcoin و Ethereum و EOS و Litecoin و Ripple و NEO والعديد من الأصول الرقمية الأخرى مع الحد الأدنى من الانزلاق.
|
Founding Date
| 2017 | 2020 |
Country
| Singapore | Seychelles |
Type
| Centralized | Centralized |
Languages
| English, Korean, Russian, Chinese | No data |
Mobile app
| iOS, Android | - |
Full address
| Hong Kong (The exchange does not disclose the exact location of its office) | No data |
Fees
|
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
No data |
| About |
بيتفوريكس هو جزء من كوكبة من التبادلات التشفير الجديدة التي ظهرت بعد النمو الهائل من الاهتمام في الأصول التشفير في عام 2017. تم تسجيل منصة تداول في سنغافورة ، تركز على الأسواق الآسيوية والغربية. في الوقت الحالي ، تقدم البورصة أكثر من 300 قطعة نقدية ، والقدرة على التداول مع العقود الآجلة ، و 9 لغات للواجهة ، وما إلى ذلك. يبلغ معدل دوران البورصة حوالي 661.457.759 دولارا وفقا لكوين ماركت كوب في الوقت الحالي.
|
تقدم LetsExchange دفاتر الطلبات مع سيولة من الدرجة الأولى ، مما يسمح للمستخدمين بتبادل Bitcoin و Ethereum و EOS و Litecoin و Ripple و NEO والعديد من الأصول الرقمية الأخرى مع الحد الأدنى من الانزلاق.
|
|---|---|---|
| Founding Date | Founding Date 2017 | Founding Date 2020 |
| Country | Country Singapore | Country Seychelles |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Korean, Russian, Chinese | Languages No data |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Hong Kong (The exchange does not disclose the exact location of its office) | Full address No data |
| Fees |
Fees
Maker • Maker fees are paid when you add liquidity to our order book by placing a limit order below the ticker price for buy, and above the ticker price for sell. Taker • Taker fees are paid when you remove liquidity from our order book by placing any order that is executed against an order on the order book. Spot • Maker fees: 0.1% • Taker fees: 0.1% Perpetual BTC & ETH • Maker fees: 0.04% • Taker fees: 0.06% Others • Maker fee: 0.06% • Taker fee: 0.06% MT5 A commission is a fee charged by a trader for buying or selling a product. • Forex/Commodity/Metal/Index commission: 10 USD / Per Lot • Cryptocurrency commission: 0.08% per trade |
Fees No data |
Trading
Bitforex trading volume is 780,602,851.0. The exchange has 291 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
LetsExchange trading volume is 0. The exchange has 40000 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 780602851 | 0 |
Pairs
| 291 | 40000 |
Coins
| 125 | 200 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Transaction Mining |
Margin
| - |
| Volume | Volume 780602851 | Volume 0 |
|---|---|---|
| Pairs | Pairs 291 | Pairs 40000 |
| Coins | Coins 125 | Coins 200 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Transaction Mining |
| Margin | Margin | Margin - |
Safety
Two factor authentication
| - |
Verified
| Unverified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication - |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| www.bitforex.com | letsexchange.io |
| @bitforexcom | @letsexchange_io |
Number of followers
| 26351 | 6200 |
| Website | Website www.bitforex.com | Website letsexchange.io |
|---|---|---|
| Twitter @bitforexcom | Twitter @letsexchange_io | |
| Number of followers | Number of followers 26351 | Number of followers 6200 |
Rating
| User rating | 20 user review | 13 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bitforex user rating is 2.8, based on 20 user reviews. LetsExchange user rating is 2.8, based on 13 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Bitforex with LetsExchange. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bitforex was founded in 2017 in Singapore. LetsExchange was founded in 2020 in Seychelles.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Bitforex. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bitforex is Centralized and LetsExchange is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bitforex has a mobile app available for iOS and Android. LetsExchange doesn't have a mobile app.
Bitforex has 4 languages available, including English, Korean, Russian and Chinese.